I bought my first 30 BTC the other day, and decided to try my hand at Satoshi's dice on the 50% slot. Kept betting 3BTC, if I lost I bet 6 BTC, and if I lost that then I bet 12BTC. If I won, I kept betting 3BTC. I believe this is called the martingale strategy. In the last 3 days and over 600 transactions, I've made over 100 BTC. I'm amazed.

This seems incredibly easy and too good to be true. What am I missing here? The coins are confirming and all is well, but I can't imagine how this site stays profitable giving away $1000+ to a user. Does everyone usually win this much?

I bought my first 30 BTC the other day, and decided to try my hand at Satoshi's dice on the 50% slot. Kept betting 3BTC, if I lost I bet 6 BTC, and if I lost that then I bet 12BTC. If I won, I kept betting 3BTC. I believe this is called the martingale strategy. In the last 3 days and over 600 transactions, I've made over 100 BTC. I'm amazed.

This seems incredibly easy and too good to be true. What am I missing here? The coins are confirming and all is well, but I can't imagine how this site stays profitable giving away $1000+ to a user. Does everyone usually win this much?

Martingale strategy is the process of burying yourself into one big pile of shit.

Thats the most direct way of understand what you did on satoshidice.

If that's true, then how did I get 100BTC? I still can't get my head around that.

I believe it was sheer luck, i have messed around with satoshidice from time to time and the results always varied, one time i turned 12 btc into 65btc in a matter of 200 transactions, other times i started with 10 and lost all of it in a matter of 30 transactions... i think its all luck... can someone else explain anything different?

if you nothing else to do with your btc, send them to me!! 1VersaHgF4kQMzgJpMe8wDMppqAqLYdBL

I bought my first 30 BTC the other day, and decided to try my hand at Satoshi's dice on the 50% slot. Kept betting 3BTC, if I lost I bet 6 BTC, and if I lost that then I bet 12BTC. If I won, I kept betting 3BTC. I believe this is called the martingale strategy. In the last 3 days and over 600 transactions, I've made over 100 BTC. I'm amazed.

This seems incredibly easy and too good to be true. What am I missing here? The coins are confirming and all is well, but I can't imagine how this site stays profitable giving away $1000+ to a user. Does everyone usually win this much?

As the proprietor of SatoshiDice, I can tell you that because you won that 100btc, my family will now not be able to eat this week. So enjoy your winnings!!!

Actually, someone won 900btc from SatoshiDice a few weeks ago on one bet. THAT really hurt.

People win and lose all the time on the site, but please remember that gambling should always be considered fun entertainment, never let it become an addiction. Also, for those of you who win money from the site, I encourage you to spend some portion of it in the Bitcoin economy. It helps nurture the ecosystem and Satoshi will bless you with good luck.

Oh also, the best way to play SatoshiDice is using an ewallet account from Blockchain.info/wallet. Inside the wallet, click on the Send Money tab, then on the left side you'll see a SatoshiDice link. The transactions are usually processed faster through this method, and Blockchain.info made a really nice interface IMO.

Well, it's 1.9% less normal than to lose 100 BTC. You should probably stop now.

If not: Be sure to post when you lose. It's not good to have gamblers speak only when they're on a winning streak.

Will do! I'm thinking of stopping when I hit 150 BTC. That'll give me enough bitcoins to buy some cool stuff from the forums and invest some for the long term. That is, if I don't lose it by then. Besides, I wouldn't want to let evorhees go hungry with my luck

Well, it's 1.9% less normal than to lose 100 BTC. You should probably stop now.

If not: Be sure to post when you lose. It's not good to have gamblers speak only when they're on a winning streak.

Will do! I'm thinking of stopping when I hit 150 BTC. That'll give me enough bitcoins to buy some cool stuff from the forums and invest some for the long term. That is, if I don't lose it by then. Besides, I wouldn't want to let evorhees go hungry with my luck